Parties mum on alleged John Hardy sale
None of the firms allegedly jostling to buy John Hardy are commenting on the reported deal, which values the jewelry brand at $100 to $140 million.
De Beers’ Forevermark expands into Australia
Australian jewelry retailer Mazzucchelli’s is now an exclusive authorized jeweler of De Beers’ Forevermark brand in central, southern and western Australia and in the country’s most densely populated state, Victoria.
In-store traffic down 4 percent over the weekend
ShopperTrak, a firm that has devices installed in stores to count the number of people coming in, said retail foot traffic declined 4 percent year-over-year this past weekend, a drop-off attributable to the Internet.
Supreme Court stays out of Internet tax debate
The U.S. Supreme Court has declined to hear a case from Amazon.com Inc. that challenges a New York law requiring the company to collect sales tax in the state, Bloomberg News reported Monday.
Supplier News: New catalogs released
A few design and manufacturing companies have rolled out catalogs in time for the holiday season, including Kameleon Jewelry and Charles Garnier Paris.
NRF: Slightly more people hit stores, spend less
The total number of unique shoppers over the holiday weekend--counting Black Friday, Saturday and Sunday as well as Thanksgiving Day--was up 1 percent year-over-year while the average spend per shopper fell 4 percent, National Retail Federation (NRF) data shows.